As restaurants around the world have started re-opening following the easing of pandemic restrictions, McDonald’s seems to have benefitted from this trend. While the fear of the Delta variant still exists, it seems customers still have an insatiable appetite for McDonald’s ‘Happy Meals.' McDonald’s (MCD) operates and franchises McDonald’s restaurants, quick-service restaurants (QSRs) that serve a menu of food and beverages in 119 countries. The QSR giant’s business segments include the U.S. and International Operated Markets (IOM). Currently, 93% of the company’s restaurants are franchised restaurants. I am bullish on the stock as the strong business momentum continues for the company.
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